The best terminal emulator for Windows 10's Bash or how to run X applications

As this article is by far the most popular on my site right now I feel that an update is necessary, as the landscape evolved a bit since the original publish date.

Conemu started to support Bash on Windows properly now and this is what I settled on in the end.

The article below is still relevant for the running X applications on Windows part though.

I've been playing a bit with
GNU/kWindows a.k.a.
Bash on Windows a.k.a Windows Subsystem for Linux (Beta). I was
especially interested whether I can use my regular Linux
dotfiles to recreate my working
environment of zsh + tmux + vim. The biggest troubles I had were with
the terminal emulator. While the default one, invoked by saying bash
is much better than powershell or cmd.exe already - it lacks some things
I've learned to rely on, like 256-colour palette support. Thus the
search for the ultimate terminal emulator begun. I tried ConEmu,
cmder and their spinoffs to no avail. Either the colours were
lacking, or the emulator would swallow up certain strokes like the arrow
keys. Then I thought - hey, I use terminator on Linux, maybe it
would be possible to use it here as well. To my surprise the answer was - yes !

The font rendering is not ideal and the borderless mode does
not work, but hey, it is quite usable nonetheless ! It even has
bidirectional clipboard sharing with Windows' windows, which is good.
P.S. konsole and gnome-terminal do seem to have troubles launching
(crashy-crashes there)